100 Top British Entrepreneurs Named – How Can You Become One of Them?

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October 2014 saw Victoria Beckham topping a 100 strong list to be named as the most successful entrepreneur in Britain.

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Compiled by Management Today magazine’s Philip Beresford, the award was based upon jobs created, annual turnover growth and overall wealth. The former Spice Girl managed to grow her business from £1m to £30m and from 3 to 100 staff, in just five years. She is worth £210m.

Second place went to Amit &Meeta Patel, of pharmaceutical group Auden Mckenzie. They reported a £52m turnover. The company now employs an impressive 79 people within the UK.
In third place was Mahmud Kamani, the founder of boohoo.com , online fashion retail site. Now worth an incredible £290m, with latest annual turnover of £110m.
Not surprisingly, combined the 100 entrepreneurs listed have made a huge impact on employment, adding 61,556 to payrolls already at 158,189.
Following the economic downturn, these 100 entrepreneurs have been steadily and successfully working to expand and since 2011 together achieved an 88pc jump from £16.1bn to £30.2bn.
So how do they do it?
The entrepreneur community in Britain continues to grow. Follow these top tips to get your bidding business off the ground and hopefully become part of it.
Stand Out!

While this seems obvious, it really is important. Make sure your firm stands out from the competition by doing everything you can to become well known. Appearance is essential, and everything from your firm’s building to something as seemingly insignificant as the furniture within it can make a big impact. An impressive building full of high quality furniture such as that provided by pash ltd can highly improve your firm’s public image.
Assemble your Team
It’s all about having the right people in place to ensure you have the right support. This needs to be right from the start. Try to involve a range or professionals, from a variety of different ages and backgrounds to ensure you can develop a rounded view, tap into fresh ideas and access solid advice. Make sure your company is a great place to work and people will be loyal, engaged, happy and keen to try their absolute best.
Outsource

Some aspects of the business may need to be outsourced. This is because you will need time to focus on core competences – and no one is good at absolutely everything. Finance is usually one area that is outsourced. Another is marketing and social media. You will find outsourcing makes a lot of sense, both in terms of saving time and money. No modern business can survive without having a very strong online presence.
Secure Investment
This may seem like a huge task, but there is funding available for you to take advantage of. It’s up to you to find it and apply. Besides other sources, the government has a number of schemes running to support new business start-ups. Investors will expect you to have an in-depth knowledge of your markets, but work hard and you will be rewarded. Think big and above all be positive. Understand there will be problems (there always are!) but don’t be afraid to take risks and change some aspects of the business in order to overcome issues.

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